Punjab National Bank has informed that Pankaj Sharma has been nominated as a Director of the Bank under Section 9(3)(b) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, in terms of Department of Financial Services, Ministry of Finance, Government of India Notification eF.No. 61212022-B0.1 dated 11.04.2022 with immediate effect and until further orders, vice Pankaj Jain (who ceased to be a director on the Board of the Bank upon such nomination on 11.04.2022).
The above information is a part of company’s filings submitted to BSE.